---
schema_version: "secwatch.filing_event.v1"
accession: "0001651562-23-000023"
form_type: "8-K"
ticker: "COUR"
cik: "0001651562"
company_name: "Coursera, Inc."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:37:33.539033+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Coursera Q3 revenue $165.5M (+21% YoY); raises FY 2023 revenue outlook to $630M

## Summary
- Q3 revenue $165.5M (+21% YoY); net loss $(32.1M) vs $(36.0M) a year ago.
- Non-GAAP net loss improved to $(2.1M) from $(8.6M); adjusted EBITDA loss $(5.3M) vs $(4.9M) a year ago.
- FY 2023 revenue outlook raised to $630M midpoint; adjusted EBITDA margin outlook improved to (2.5)%.
- Free cash flow $15.6M vs $1.3M a year ago; gross margin 50.3% impacted by contract extension with largest industry partner.
- Launched AI-powered translation for 4,000+ courses in seven languages.

## SEC filing metadata
- accession: 0001651562-23-000023
- form_type: 8-K
- ticker: COUR
- cik: 0001651562
- company_name: Coursera, Inc.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1651562/000165156223000023/0001651562-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1651562/000165156223000023/cour-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001651562-23-000023
- JSON: https://secwatch.observer/filing/0001651562-23-000023.json
- Plain text: https://secwatch.observer/filing/0001651562-23-000023.txt

## Key facts
- Earnings Releases
  Coursera, Inc. reported the quarter ended September 30, 2023 results: revenue $165.5 million, net income $(32.1) million. Guidance raised.
  - Period: the quarter ended September 30, 2023
  - Revenue: $165.5 million
  - Net income: $(32.1) million
  - Guidance: raised
  - Result: reported results
  source text: access to the world's best educators and trusted brands for the millions of new learners coming to our platform." Financial Highlights for Third Quarter 2023 • Total revenue was $165.5 million, up 21% from $136.4 million a year ago. • Gross profit was $83.3 million or 50.3% of revenue, compared to $87.6 million or 64.2% of revenue a year ago. Non-GAAP gross profit was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651562/000165156223000023/0001651562-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
